# PPP loan: IPS PUMP SERVICES INC
> **$285K** approved 04/08/2020 · Paid in Full · Loan `7670097000`
## Borrower
- **Name:** IPS PUMP SERVICES INC
- **Address:** 8301 W Monroe Rd, HOUSTON, TX, 77061-4108
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $288K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Jobs reported:** 23
## Lender
- **Originating:** Third Coast Bank
- **Servicing:** Third Coast Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*